IPOs rise in third quarter

Venture-backed companies still have a better shot at being acquired than going public.

But the number of venture-backed companies conducting initial public offerings reached the highest level so far this year in the third quarter, with 16 companies entering the public marketplace. That’s more than the first two quarters combined and two more than the same period last year, according to a report from VentureOne.

Still, it is pretty dry in the Seattle area. None of the companies conducting IPOs in the third quarter hailed from Seattle. And only Corus Pharma is currently in registration, though its filing — at more than a year old — is attracting cobwebs.

Meanwhile, the VentureOne report found that 82 venture-backed companies were acquired in the third quarter — down from 102 that were acquired in the same period last year.

And here’s another interesting tidbit from the research. The median time between initial equity financing and acquisition was 5.5 years — the longest period in more than a decade.

IPOs rise in third quarter

Venture-backed companies still have a better shot at being acquired than going public.

But the number of venture-backed companies conducting initial public offerings reached the highest level so far this year in the third quarter, with 16 companies entering the public marketplace. That’s more than the first two quarters combined and two more than the same period last year, according to a report from VentureOne.

Still, it is pretty dry in the Seattle area. None of the companies conducting IPOs in the third quarter hailed from Seattle. And only Corus Pharma is currently in registration, though its filing — at more than a year old — is attracting cobwebs.

Meanwhile, the VentureOne report found that 82 venture-backed companies were acquired in the third quarter — down from 102 that were acquired in the same period last year.

And here’s another interesting tidbit from the research. The median time between initial equity financing and acquisition was 5.5 years — the longest period in more than a decade.